Where to Get Capital for Jewelry Manufacturing

With these small business loans for jewelry manufacturing, the SBA guarantees the lender that the loan will be repaid. This jewelry manufacturing loan for $275,000 was given to a New Jersey entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Demarest, New Jersey was able to borrow $275,000 from 1st Constitution Bank. The SBA made the loan possible by guaranteeing $206,250 of this New Jersey small business loan.

SBA Loan Borrower

COMPANY TYPE: PRECIOUS METAL JEWELRY
DEMAREST, NJ 07627

SBA Loan Lender

1ST CONSTITUTION BANK
RTE 130 & DEY RD
CRANBURY, NJ 08512

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3911 - Precious Metal Jewelry

NAICS Code

339911 - Jewelry Manufacturing

Loan Approval Date

9/26/2003

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Find Start-Up Capital

SBA Participating Banks in Cranbury, New Jersey

New Jersey SBA 7A Lenders